Paul C. Joseph - Mar 1, 2023 Form 4 Insider Report for AKAMAI TECHNOLOGIES INC (AKAM)

Role
EVP - Global Sales
Signature
/s/ Shaan K. Majmudar, as power of attorney
Stock symbol
AKAM
Transactions as of
Mar 1, 2023
Transactions value $
-$203,084
Form type
4
Date filed
3/3/2023, 04:47 PM
Previous filing
Feb 23, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKAM Common Stock Sale -$109K -1.5K -4.72% $72.47 30.3K Mar 1, 2023 See footnote F1, F2
transaction AKAM Common Stock Options Exercise $0 +2.78K +9.18% $0.00 33K Mar 1, 2023 See footnote F1
transaction AKAM Common Stock Tax liability -$59.2K -816 -2.47% $72.60 32.2K Mar 1, 2023 See footnote F1
transaction AKAM Common Stock Options Exercise $0 +1.48K +4.58% $0.00 33.7K Mar 3, 2023 See footnote F1
transaction AKAM Common Stock Tax liability -$35.1K -478 -1.42% $73.51 33.2K Mar 3, 2023 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AKAM Restricted Stock Units Options Exercise $0 -2.78K -49.99% $0.00 2.78K Mar 1, 2023 Common Stock 2.78K $0.00 Direct F3, F4
transaction AKAM Restricted Stock Units Options Exercise $0 -1.48K -100% $0.00* 0 Mar 3, 2023 Common Stock 1.48K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by PJ Joseph Trust 2020 for which the Reporting Person serves as trustee.
F2 Sale was made pursuant to a Rule 10b5-1 trading plan.
F3 Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.
F4 RSUs vest 1/3 on each of the first, second and third anniversaries of the date of grant.
F5 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F6 RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.